By Stuart Pinnington, Global Head of Asset Owners at IQ-EQ
The Great Wealth Transfer is creating unprecedented challenges as Baby Boomers pass trillions to Generation X and Millennials – generations with fundamentally different financial values and risk appetites. With 80% of young investors now interested in alternative assets like digital currencies and venture capital, family offices must bridge these divides without compromising legacy.
Speaking to Karen Jones at Citywealth, I explored how governance frameworks can reduce family tension, why transparent reporting democratises decision-making across generations, and how early succession planning – combined with structures like trusts and a robust family constitution – creates stability without rigidity.
From facilitating honest intergenerational dialogue to designing operational infrastructure that scales with complexity, the future of family wealth management lies in balancing formality with flexibility and tradition with innovation.
